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Euro Tanked By ECB Comments

Euro Tanked By ECB Comments

The common currency Euro plummeted versus its main rival the U.S. Dollar after officials of the European Central Bank (ECB) indicated that they might be willing to take additional action to lower bond yields in the Eurozone and to boost inflation. Benoit Coeure, a member of the ECB’s executive board, said the ECB would continue […]
Silver Has Bullish Technical Picture

Silver Has Bullish Technical Picture

According to the technical analysis from Bryan over at pitchforkplayground.com, silver is looking quite bullish. His analysis is based on the Andrew’s Pitchfork methodology, in which pitchforks are calculated based on chart structures. Silver has surged higher in the past week along with gold. Unlike gold, silver has broken above its 200 day exponential moving average instead […]
Home Depot Inc. Tops Estimates, Raises Guidance

Home Depot Inc. Tops Estimates, Raises Guidance

The Home Depot Inc. (NYSE:HD) released its earnings results from its first fiscal quarter before opening bell this morning, posting adjusted earnings of $1.16 per share or $1.58 billion, and $20.9 billion in net sales, a 6.1% year over year increase. Analysts had been looking for earnings per share of $1.15, and $20.8 billion in revenue. […]
Morning Call For May 19, 2015

Morning Call For May 19, 2015

OVERNIGHT MARKETS AND NEWS June E-mini S&Ps (ESM15 +0.24%) this morning are up +5.50 points (+0.26%) on carry-over optimism from European stocks. The Euro Stoxx 50 index this morning is sharply higher by +1.7% after an ECB official said that the ECB will increase its QE buying in May and June ahead of lower liquidity […]
Apple Inc. IPhone Sales Still Growing; FBR Capital And Bernstein Still Bullish

Apple Inc. IPhone Sales Still Growing; FBR Capital And Bernstein Still Bullish

Apple (NASDAQ: AAPL) fans have been engrossed with the new Apple Watch, but Apple investors are still excited by iPhone 6 sales growth, specifically in China. Looking back at the first quarter of 2015, Apple CFO confirmed that Apple sold more iPhones in China than in the U.S for the first time, partially thanks to the […]
EUR/USD Struggles At The 1.14 Level

EUR/USD Struggles At The 1.14 Level

The EUR/USD pair had a fairly negative session on Monday as traders came back from the weekend. It seems that we continue to struggle out the 1.14 level, which of course is a not a huge surprise to me, because we are testing the last vestiges of true resistance. I believe that this resistance and […]
U.S. Stocks Are Back In The Lead – ETF Performance Review: Major Asset Classes

U.S. Stocks Are Back In The Lead – ETF Performance Review: Major Asset Classes

The US stock market has regained the pole position for the trailing one-year return (250 trading days) among the major asset classes via our standard set of ETF proxies. Vanguard Total Stock Market (VTI) is ahead by 16% on a total-return basis for the past year through yesterday (May 18). The rebound to the top spot comes […]
This Is What A $240/Share AAPL Would Look Like In Context

This Is What A $240/Share AAPL Would Look Like In Context

If Carl Icahn, whose $6.8 billion in AAPL holdings makes him nearly a 6x bigger holder of the stock than the Swiss National Bank, is correct and AAPL is truly worth $240/share today, or about $1.4 trillion, roughly equivalent to 9% of U.S. GDP, then this is how AAPL would rank if it were a sovereign nation (and yes, […]
CFDs Vs Forex – What’s The Difference?

CFDs Vs Forex – What’s The Difference?

Have you ever wondered what the difference is between CFDs and Forex? Did you know there was a difference?Do you know what they both are? First things first then. What is a CFD CFD stands for Contract for Difference and it’s essentially a financial (derivative) product that allows you to buy and sell a market with leverage […]
Downtown Revitalization – The Role Of A Billionaire

Downtown Revitalization – The Role Of A Billionaire

In downtown Las Vegas Nevada recently I visited a small business that is the opposite of everything we normally associate with Sin City. The small business made me think about the role of both visionary billionaires and geography to city revitalization. The small, serious, bookstore The Writer’s Block opened last year as part of The Downtown Project, entrepreneur Tony Hsieh’s […]